Economy of Japan

Introduction Vilfredo Pareto graduated from the University of Turin and practiced as a civil engineer before switching to economics, and becoming a famous economist known for his application of mathematics to economic analysis. Pareto’s theories and research have been discussed several times in Praxis with several different applications, including the Pareto Chart, the Pareto Principle, and Pareto Efficiency (relating to Arrow’s Impossibility Theorem and Pairwise Comparison Matrices). The…

If Malthus and Boserup point to opposite predictions of the impact of population on the economy of agrarian societies, who is right? It seems that both are (Lee 1986). There were probably many traditional societies that suffered from overpopulation and a few that were able to “move to the next level” as a result of population pressure. The few…

The Business of trading is one of the most lucrative revenue generating activity that a country can partake in and has been in existence from the beginning of time. It is the first type of foreign business operations undertaken by both countries and companies. Trade not only helps companies to expand their horizons but also help countries grow economically. Henceforth it is only right countries provide the right products and services to export in order to reap the rewards. Trade procedures…

As an international company, Honeywell encounters some benefits and challenges of globalization. Two key benefits and two challenges will be concerned. As for benefits, Honeywell can enjoy the scale economies. By producing a large manufacturing volume, it can minimize the average cost of each unit of production. Since Honeywell is a conglomerate company that produces a variety of commercial and consumer products, engineering services, and aerospace systems for a wide variety of customers, from…

Purnomo (2009) stated the movement from rural to urban areas will indirectly result in the process of development and urbanization. The world is experiencing continuous urbanization when people migrate to cities to seek for a good job, educational opportunities and a better standard of living (UNFPA, 1999). Migration may cause economic, social and cultural improvements for some people but also it can contribute to negative consequences in the overall urban environment especially a very low…

Ouakrim. In a context of independance, when Morocco was is need of necessary industries such as the oil sector, Akwa group, called at first Afriquia SMDC (Société Marocaine de Distribution de Carburants), imposed itself like a pillar of the Moroccan economy, in spite of the hostile competition and monopoly of some multinational companies. Conscious of its national impact and its responsibility to escort the social and economic development of Morocco, the group diversified itself by investing…

income. A significant attempt to correct the limitations of the neoclassical approach was the concept of the New Economics of Migration. It pays special attention on micro level and allows to take into consideration the response elements of the economy on rational expectations of the migrating population. In this theory, migration is seen as a family strategy aimed to minimize the risk of sharp fluctuations of income through diversification and to overcome the financial constraints of the…

Demographic transition is a demographic phenomenon that is characterized by changes in the population indicator of fertility and mortality from a high numbers towards a stable lower numbers. This phenomenon in the study of development is one of the alternative points of view to explain the development process, in addition to any other point of view that tends to emphasize the economic aspects, such as capitalism, industrialization, and the theory of modernity as the center of development process…

HSBC: China Strategy, Emerging Market Strategy and Facing the World Financial Crisis HSBC in China HSBC, in a span of 2 centuries since its inauguration, has tinkered with their strategy in international plain over a variety of ways in concordance to world trends, regulations and knowledge acquired through learning processes and experiences. Within its strategy, growth holds a constant trend as the tip of the spear, as is indicated by the high market development, while variations tend to…

ECON 634 - Bharat Forge and Suzlon Case Study In the said case study, a study on the changing global agenda of 2 major companies. Bharath forge and Suzlon have shown great progress to the changing economic conditions. Bharat Forge was a manufacturer for domestic consumption which later became the 2nd largest forging company in the world. they are now an Indian Multinational with the largest exporter of auto components from India to the world. . Bharath forge under the supervision of Baba…